# Global grain trade review

> The FAO reported that its September Food Price Index for grains was 3% above August but 10.2% below a year earlier. Vegetable oil prices rose 4.6% month on month to their highest since early 2023, with wheat and corn gains tied to weather and low river levels.

- Date: 2024-11-01 · published 2024-11-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/27521-global-grain-trade-review
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher vegetable oil and grain benchmarks reflect firm global feed input costs, supporting prices for oilseed meals and grain-based feed ingredients.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-10-24 | [Global grain trade review \| World Grain](https://feedsoft.ai/events/14260-global-grain-trade-review-world-grain.md) | -1.3% | +1.0% |
| CORN | 2025-05-14 | [Global Grains Rattled by Trade Deals and Yield Hurdles](https://feedsoft.ai/events/6682-global-grains-rattled-by-trade-deals-and-yield-hurdles.md) | +3.8% | +0.4% |
| CORN | 2019-12-03 | [Grain crop review for November 2019](https://feedsoft.ai/events/55433-grain-crop-review-for-november-2019.md) | -3.7% | +0.7% |
| CORN | 2018-02-27 | [Global grain figures hold bullish tone - Grain Central](https://feedsoft.ai/events/11652-global-grain-figures-hold-bullish-tone-grain-central.md) | +1.6% | +2.4% |
| CORN | 2018-11-12 | [Grain market review: Wheat \| 2018-11-12  \| World Grain](https://feedsoft.ai/events/62073-grain-market-review-wheat-2018-11-12-world-grain.md) | -6.7% | +0.1% |
| WHEAT | 2024-10-24 | [Global grain trade review \| World Grain](https://feedsoft.ai/events/14260-global-grain-trade-review-world-grain.md) | +0.3% | -1.4% |
| WHEAT | 2018-02-27 | [Global grain figures hold bullish tone - Grain Central](https://feedsoft.ai/events/11652-global-grain-figures-hold-bullish-tone-grain-central.md) | +2.4% | +1.3% |
| WHEAT | 2018-11-12 | [Grain market review: Wheat \| 2018-11-12  \| World Grain](https://feedsoft.ai/events/62073-grain-market-review-wheat-2018-11-12-world-grain.md) | -0.2% | +0.8% |

## Sources

- farmingportal.co.za: https://www.farmingportal.co.za/index.php/farming-news/international-news/11113-global-grain-trade-review

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
